Pablo 📐(@pablo_veyrat):Just to clarify: on @merkl_xyz, campaigns can't be gamed like that. Merkl doesn't rely on snapshots, it accounts for every onchain event. So holding 1 billion for 1 second earns you exactly the same as holding 277k for a full hour (1bn / 3600).

Pablo 📐

@pablo_veyrat

Co-Founder @merkl_xyz 🥨, @AngleProtocol 📐 Proud European citizen building an open financial ecosystem 🇪🇺

参加 April 2012

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Pablo 📐@pablo_veyrat

2026.07.13 06:54

Just to clarify: on @merkl_xyz, campaigns can't be gamed like that. Merkl doesn't rely on snapshots, it accounts for every onchain event. So holding 1 billion for 1 second earns you exactly the same as holding 277k for a full hour (1bn / 3600).

SebVentures@SebVentures

2026.07.12 08:58

Interesting spike pattern on Aave around midnight. Probably someone exploiting some reward campaign I guess or wanting to pump numbers at each EoD Also interesting to see that the borrow rate was arbitraged between the two venues.